Dow Jones Airlines Index - Delta Air Lines bringing up the rear just like old times

I remember their execs saying it was different this time like all the ones before them.

American Airlines ($AAL) issues bullish signal with price closing above the Kumo (cloud)

Chikou Span (green line) crossing the price curve serves as additional confirmation of  the signal although it is not as strong since the cross occurred below the cloud. Scale in as usual.  The flat top cloud and future cloud imply a potential for sideways trading.



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No need to change Vanguard ETF investment allocation

25% VHT, 25% VNQ, 20% VOO, 15% BLV, 15% BIV

$DAL turns bearish, but wait to see if it bounces off $42 which would suggest a buying opportunity

$AAL daily chart turns bearish, but trend is flat and price is around support

A close below $46 would create a strong bearish sentiment.  In the meantime, the buy signal remains.

$AAL mimics the overall U.S. airlines index and is trading sideways, but sentiment is still bullish

$DJUSAR daily chart turns bearish, but thin Kumo suggests indecision on sentiment

Price is at support levels.

U.S. airlines are in a holding pattern and trading near support

Market Sentiment:  Bullish until it turns Bearish

Buy: $AAL buy signal issued

Delta Air Lines ($DAL) performance lags the U.S. airlines index

It may be a good bet to close the gap.

Year-to-date performance for major airlines

$DAL: Ichimoku Cloud indicates flat trading with resistance around $47 on daily chart

$DAL: Weekly chart reveals $45-$50 trading range since November

$JBLU and $LUV lead the pack

Dow Jones Transportation Index ($TRAN) is trading sideways

Check out this chart from StockCharts.com for $TRAN

U.S. Airlines Index ($DJUSAR) reveals sideways trading

U.S. Airlines Index turns bearish with close below the cloud after displaying 3-Black Crows candlestick pattern

Delta Air Lines ($DAL) turns bearish as price is below the cloud

3 Black Crows...Dow Jones Transportation Average ($TRAN) daily chart reveals bearish 3 black crows candlestick pattern

Dow Jones Transportation Average ($TRAN) weekly chart stalls at 9,250